The Nigerian capital market maintains a bullish trend and closes trading with a gain of 130.2 billion naira

The Nigerian capital market continued its bull run on Thursday with investors smiling at 130.2 billion naira at the close of the day.

This follows the rise in equity capitalization of 0.47% from 27.69 trillion naira to 27.82 trillion naira after eight hours of trading on Thursday.

Similarly, the All-Share Index rose 241.52 basis points to close at 51,618.73 from 51,377.21 reported the previous day.

The trading ended with investors trading 223.24 million shares worth N2.85 billion in 4,028 trades on the capital market floor.

However, that was lower than the 229.3 million shares valued at N3.19 billion naira traded by investors in 4,536 deals on Wednesday.

First Bank led the winners with a gain of N0.90kobo to go from N9.20kobo to N10.10kobo per share.

FTN Cocoa gained 9.38% from 0.32 kobo to 0.35 kobo per share.

Consolidated Hallmark Insurance’s share rose 8.06% to end trade with N0.67kobo to N0.62kobo per share.

Cattle gained N0.10kobo to close at N1.54kobo vs. N1.44kobo per share.

UBN’s share rose by N0.35kb from N5.65kb to N6 per share.

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Academy leads the losers chart after losing N0.13kobo to N1.30kobo to N1.17kobo per share.

Ellah Lakes’ share fell N0.44kobo to end trading at N3.96kobo from N4.40kobo per share.

Presco lost N18 to end trading with N165 of N183 per share.

Additionally, ETranzact lost N0.24kobo to N2.44kobo to N2.20kobo per share.

Meyer’s share fell from N2.79kobo to N2.52kobo per share after losing N0.27kobo during trading.

Mutual Benefit led the day’s trading with 40.13 million shares valued at N10.03 million.

Oando followed with 28.52 million shares valued at N168.93 million

The FCMB traded 24.45 million shares worth N85.56 million.

Access Corporation sold 24.09 million shares worth N229.01 million, while First Bank traded 12.35 million worth N121.76 million.

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